According to Satish, Oceansat-2 has a design life of five years and may outlive this like its earlier version.
Oceansat-2 will be used for identifying potential fishing zones, sea-state forecasting, coastal zone studies, weather forecasting and climate studies.
Apart from the ISRO-developed 76 kg Ocean Colour Monitor (OCM) and a Ku-band pencil beam Scatterometer, the satellite will also have a Radio Occultation Sounder for Atmospheric Studies (ROSA) developed by the Italian Space Agency.
The Scatterometer, with a ground resolution of 50 km x 50 km, is expected to provide accurate information on wind speed and direction.
The eight-band OCM, with a 360-metre spatial resolution and a swath of 1,420 km, will provide information about a particular area every two days.
According to Satish, ISRO would earn an unspecified amount of dollars as the carriage fee from the European owners of the six nano satellites piggy backing on Oceansat-2.